| EDIT latest price $12.4350 (4.36%) ($12.0200 - $12.4350) on Tue. Oct. 18, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.9% (three month average) |
RSI | 40 |
Latest Price | $12.4350(4.36%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | EDIT advances 0.9% a day on average for past five trading days. |
Weekly Trend | EDIT declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EDIT advance at 0% a week (0% probability) IBB(59%) IWC(55%) IWO(53%) IWM(52%) IBUY(49%) |
Factors Impacting EDIT price | EDIT will decline at least -2.45% in a week (0% probabilities). VIXM(-14%) UUP(-12%) VXX(-9%) TBT(-8%) EDOC(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.45% (StdDev 4.9%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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